https://www.usnews.com/news/business/articles/2024-08-29/us-economic-growth-for-last-quarter-is-revised-up-to-a-solid-3-annual-rate
The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said in an upgrade of its initial assessment
This positive development would seems to contradict a Fed interest rates cut.
Well we will see on September 18th what the Fed decides.
2 Likes